SLM Corporation to host shareholder teleconference Wednesday, Dec. 19

RESTON, Va., Dec. 17, 2007SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, will host a conference call for shareholders on Wednesday, Dec. 19, 2007, to discuss recent events regarding the companys transaction and to provide a broad outlook for 2008. Chairman and CEO Al Lord will make remarks beginning at 9:30 a.m. EST, and will then take questions from shareholders.

To participate in the call, dial (877) 356-5689 (USA and Canada) or dial (706) 679-0623 (International) and use access code 28693042. A replay of the call will be available beginning at 1 p.m., Dec. 19, 2007, and concluding at midnight, Jan. 2, 2008. To access the replay, please dial (800) 642-1687 (USA and Canada) or dial (706) 645-9291 (International) and use access code 28693042.

In addition, there will be a live audio Web cast of the conference, which may be accessed at www.salliemae.com.  A replay of the Web cast, as well as any presentation slides used in the meeting, will be available on here immediately following the conference and until midnight, Jan. 2, 2008.

For more information contact:
Tom Joyce (703) 984-5610 (media)
Steve McGarry (703) 984-6746 (investors)



SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, is the nation’s leading provider of saving- and paying-for-college programs. The company manages nearly $172 billion in education loans and serves 10 million student and parent customers. Through its Upromise affiliates, the company also manages more than $19 billion in 529 college-savings plans, and is a major, private source of college funding contributions in America with 9 million members and $450 million in member rewards. Sallie Mae and its subsidiaries offer debt management services as well as business and technical products to a range of business clients, including higher education institutions, student loan guarantors and state and federal agencies. More information is available at www.salliemae.com. SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

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SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.